NRC Group ASA - Appointed to a major contract in Finland - EUR 42 million

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Finnish Transportation Infrastructure Agency (FTIA) has appointed NRC Group Finland, a company wholly owned by NRC Group ASA, to a contract for rehabilitation and upgrading of the Joensuu railway yard in Eastern Finland.

The main part of the contract involves construction of 2 km new track and renewing of 19 km old track, including electrification.

The contract is valued at approximately EUR 42 million, and will include rail services such as track, electro, signal/telecom and groundwork. The work will commence in May 2021, and is scheduled for completion in December 2023.

Closing date for submission of complaints is 14 days from today, and formal contractual signing can take place after this period at the earliest.

For further information, please contact: Henning Olsen, CEO of NRC Group, + 47 91 74 15 92.

This information is considered to be inside information pursuant to the EU Market Abuse Regulation, and is subject to the disclosure requirements pursuant to Section 5-12 of the Norwegian Securities Trading Act.

The stock exchange announcement was published by Cecilie Blaauw Cock, Marketing & Communication, NRC Group ASA.